Micro Loans
GENERAL CONDITIONS FOR ALL LOAN TYPES
INTEREST RATES
Interest rates on loans are variable.
FEES
Loan application processing:
- 1.50% of approved amount of loan, single payment
- 0.50% of approved amount of loan, single payment (in case of loan granted on the basis of FX specific purpose deposit)
- 1.00% of the approved short-term loan on current account/RSD overdraft, single payment
Administrative expenses:
- Fee for administrative expenses stands at 20,00 EUR in RSD counter value based on middle exchange rate of NBS, single payment, except loans on current account/RSD overdrafts
The fee for prepayment of loan:
- 3% on the prepaid debt amount (applied to long-term loans)
CURRENCY CLAUSE
- Loans are disbursed in RSD equivalent of the EUR amount at the Bank’s buying exchange rate.
- Loans are repaid in RSD equivalent at the Bank’s selling exchange rate.
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